June 14, 2007
Realtors' association reports on members
By Matthew L. Brown
The median gross income for a real estate sales agent in Massachusetts is $31,700, according to the Massachusetts Association of Realtors.
The association released its annual member profile, which offers statistics on the real estate industry, Wednesday.
Pay for the state's sales agents lags behind that of agents around the country. The median gross income for agents in the U.S. is more than $46,000, the association said.
The median gross income for a real estate broker or agency owner is $71,900, the association reported.
Pay for realtors may seem even lower considering the median age of a Massachusetts realtor is 54, that 50 percent of Massachusetts realtors have a college degree and Massachusetts realtors have a median of 10 years experience in the field.
The association released its annual member profile, which offers statistics on the real estate industry, Wednesday.
Pay for the state's sales agents lags behind that of agents around the country. The median gross income for agents in the U.S. is more than $46,000, the association said.
The median gross income for a real estate broker or agency owner is $71,900, the association reported.
Pay for realtors may seem even lower considering the median age of a Massachusetts realtor is 54, that 50 percent of Massachusetts realtors have a college degree and Massachusetts realtors have a median of 10 years experience in the field.
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